gbpusd 2700/2720 short tp bears 2500

🔸Hello traders, let's review the 4hour chart for GBPUSD today. Nice pump off the
lows recently, however upside capped/limited by heavy overhead resistance
near 2700/2720.

🔸Downtrend defined by a sequence of lower highs, 2760, 2740, 2720 in progress,
right now I recommend to focus on shorting any rips/rallies towards heavy resistance.

🔸Recommended strategy for GBPUSD bears: short sell rips/rallies near resistance
2700/2720 stop loss fixed 40 pips TP1 + 100 pips TP2 +2000 pips final TP exit at 2500.
swing trade setup, time required to hit both targets. good luck traders!

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Comment:

short sell rips/rallies

Comment:

ukoil 8 hour short from resistance tp 72/74 usd